Answered

Explore a diverse range of topics and get answers from knowledgeable individuals on IDNLearn.com. Join our community to receive prompt and reliable responses to your questions from experienced professionals.

Discuss three reasons why strategic management is important.

1. ________________
2. ________________
3. ________________

Sagot :

GinnyAnsweridn

Final answer:

Strategic management is crucial for goal setting, adaptation to changes, and enhancing decision-making in organizations.


Explanation:

Strategic management is important for organizations due to several reasons:

  1. Setting and achieving goals: It helps in defining clear objectives and strategies to reach them efficiently.
  2. Adapting to changes: Strategic management enables organizations to respond effectively to external factors like market shifts or technological advancements.
  3. Enhancing decision-making: It provides a structured approach to decision-making, reducing reliance on intuition and improving overall efficiency.

Learn more about Importance of strategic management in organizations here:

https://brainly.com/question/17042897


We value your participation in this forum. Keep exploring, asking questions, and sharing your insights with the community. Together, we can find the best solutions. Discover the answers you need at IDNLearn.com. Thank you for visiting, and we hope to see you again for more solutions.